A riverside apartment complex on the east bank of the Han River, between Song Han Bridge and Dragon Bridge
**Capital Square** is a mixed-use apartment and commercial-services development on the east bank of the Han River, fronting the Ngo Quyen - Tran Hung Dao - Nguyen Cong Tru axes in An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City. The whole site covers about 6.1 ha and is being developed as two subdivisions, Capital Square 2 (31,960 sq m) and Capital Square 3 (29,427 sq m), with 14 apartment towers in total rising from 24 to 29 floors depending on the subdivision. The figure of 61,368 sq m circulating on many agency websites does not match the total area stated in the official documents, so the areas used here follow the figures issued by the authorities. This is one of the few large remaining land banks in the established centre of Da Nang, sitting in the stretch between Song Han Bridge and Dragon Bridge.
On the sales-legal side, the project is being launched in phases, each backed by a confirmation document from Da Nang's construction authority. The Capital Square 2 subdivision (land area 31,960 sq m, 7 apartment blocks of 26 - 28 floors plus one 7-floor commercial and office block, 1,681 units in total) has been confirmed eligible to sell future-formed housing in three successive phases: 530 units in towers 2.4 and 2.6 (26 June 2025), 737 units in towers 2.1, 2.5 and 2.7 (12 February 2026) and 414 units in towers 2.2 and 2.3 (announced 14 May 2026) - together covering all 1,681 units. The Capital Square 3 subdivision has been confirmed eligible to sell 586 apartments in the 24-floor MAT 5-6 tower (6 August 2025) and 250 units in the 29-floor MAT 7 tower (official letter 8789/SXD-QLN dated 28 May 2026). In the market the towers are introduced under the commercial names Times Place, Victory Place and Broadway Place, following the earlier Kings Place, Queens Place and Hudson Place towers. The Sales Gallery and show apartments opened on 30 May 2026, and Victory Place was launched more recently, on 22 August 2026.
**About the developer.** Capital Square 2 is developed by Mega Assets Co., Ltd and Capital Square 3 by SIH Real Estate Co., Ltd. The project is developed and marketed under the BRG brand; press reports note that the individuals and entities behind the two companies are connected to BRG Group, with SIH's capital coming from SIH Real Estate Pte., Ltd (Singapore) - so, in the absence of formal confirmation, they should not be understood as official member companies of BRG Group. The land has a long development history: the first subdivision was the Azura apartment tower of the earlier Capital Square project, handed over back in 2012, and the development as a whole was restarted in 2024. One practical legal point deserves attention: four land use right certificates for Capital Square 2 (CC 878201, CC 878202, CC 878196, CC 878200) have been mortgaged to SeABank since 11 November 2024, so, as required by the authorities, the developer must release the corresponding part of the project or the corresponding apartments from mortgage before signing sale and purchase agreements. Buyers should ask to see the mortgage release document and the eligibility-to-sell notice covering the exact unit they have chosen before signing. In addition, in December 2025 Da Nang City ordered construction of the Capital Square 3 subdivision to be suspended following a subsidence incident on Nguyen Cong Tru street; sales approvals were subsequently granted again during 2026, but actual construction progress should be checked directly on site.
**Who is it for?** The project is aimed at three groups of buyers. First, owner-occupiers in Da Nang who want an apartment in the established centre, with work and schools within a short radius, held under long-term ownership. Second, investors letting for rental income: An Hai has a high density of tourists, foreign professionals and long-stay guests, and 1-bedroom units generally enjoy better rental liquidity. Third, foreign buyers, since the project sits on the list approved for sale to foreign organisations and individuals - a condition not every project in Da Nang can meet. Conversely, buyers looking for low-rise homes, land plots or beachfront villas will not find them here.
The price level currently circulating through agencies starts from about VND 74 million per sq m (including VAT and the 2% maintenance fee), which corresponds to roughly VND 3.3 - 4.5 billion for a 1-bedroom, VND 5.4 - 7.8 billion for a 2-bedroom and VND 9.5 - 12.6 billion for a 3-bedroom (indicative, updated May 2026). Note that agency sources differ quite widely: the same site published "from VND 3.3 billion for a 1-bedroom" in October 2025 but "from VND 3.7 billion for a 1-bedroom" in its April 2026 update, while some other sites quote lower levels - so only the developer's official price list for each phase is an accurate basis. Prices also vary by tower, by floor and by view, and come with different early-payment discounts, interest support and management-fee incentives from one launch phase to the next. **Happy Land** provides the official price list for the latest phase, the developer's remaining inventory tower by tower, the current status of the foreign ownership quota and advice on payment plans - please get in touch for updated information.
📍 An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City
The project occupies a multi-frontage site on the Ngo Quyen - Tran Hung Dao - Nguyen Cong Tru axes in An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City. This is the east bank of the Han River, in the stretch between Song Han Bridge and Dragon Bridge - an established central part of Da Nang with completed infrastructure, not a new growth area. Tran Hung Dao runs along the riverfront and is a well-known walking and sightseeing route, while Ngo Quyen is the main traffic artery leading towards the Son Tra Peninsula and the coastal wards to the north. From the project, residents cross either Song Han Bridge or Dragon Bridge to reach the administrative centre, Han Market and the west-bank commercial quarter in about 5-10 minutes. To the east, Nguyen Van Thoai and Pham Van Dong lead out to My Khe Beach. Da Nang International Airport is about 5-6 km away, convenient for frequent flyers and for rental operation. The An Hai area today concentrates hotels, offices, schools and medical facilities, and is where the community of foreign professionals working in Da Nang typically chooses to rent. Following the administrative reorganisation effective 1 July 2025, An Hai Ward was formed from the three former wards of Phuoc My, An Hai Bac and An Hai Nam.
East bank of the Han River, with multiple frontages on Ngo Quyen - Tran Hung Dao - Nguyen Cong Tru, in the stretch between Song Han Bridge and Dragon Bridge
A complex of about 6.1 ha (Capital Square 2: 31,960 sq m; Capital Square 3: 29,427 sq m) with 14 apartment towers; Capital Square 2 rises 26 - 28 floors, while Capital Square 3 has the MAT 5-6 tower at 24 floors and MAT 7 at 29 floors
Sales approvals issued in several phases: Capital Square 2 cleared to sell 530 units (towers 2.4, 2.6 - 26 June 2025), 737 units (towers 2.1, 2.5, 2.7 - 12 February 2026) and 414 units (towers 2.2, 2.3 - announced 14 May 2026), together the full 1,681 units; Capital Square 3 cleared to sell 586 units (MAT 5-6 tower - 6 August 2025) and 250 units (MAT 7 tower - official letter 8789/SXD-QLN dated 28 May 2026)
The developers are Mega Assets Co., Ltd (Capital Square 2) and SIH Real Estate Co., Ltd (Capital Square 3); the project is developed and marketed under the BRG brand
The Sales Gallery and show apartments opened on 30 May 2026; towers currently on the market include Times Place, Victory Place and Broadway Place
Legal note: four land use right certificates held by Mega Assets (CC 878201, CC 878202, CC 878196, CC 878200) have been mortgaged to SeABank since 11 November 2024 and must be released from mortgage before individual units are sold - buyers should check the mortgage release document and the eligibility-to-sell notice before signing the sale and purchase agreement
As a condominium project, it is subject to the foreign ownership cap of a maximum 30% of the apartments in each building under the 2023 Law on Housing. Both the Capital Square 2 and Capital Square 3 subdivisions have been published by the Da Nang City authorities on the list of projects in which foreign organisations and individuals are permitted to own housing. The figure of about 512 units for Capital Square 3 appears only in agency sources and does not match the data given in the official documents, so it should be treated as indicative only. Foreign individuals own for a 50-year term and may apply for renewal under the regulations; Vietnamese buyers own on a long-term (indefinite) basis. The number of units still available within the foreign quota varies from tower to tower and must be confirmed by the developer at the time the sale and purchase agreement is signed. Eligibility must be checked for the property type, project, specific unit and buyer. Read the foreigner guide →
Capital Square is a mixed-use apartment and commercial-services urban development of about 6.1 ha on the Ngo Quyen - Tran Hung Dao - Nguyen Cong Tru streets in An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City, on the east bank of the Han River between Song Han Bridge and Dragon Bridge. It comprises 14 apartment towers of 24 - 29 floors depending on the subdivision, split into two parts: Capital Square 2, developed by Mega Assets Co., Ltd (31,960 sq m, 7 apartment blocks of 26 - 28 floors plus one 7-floor commercial block, 1,681 units), and Capital Square 3, developed by SIH Real Estate Co., Ltd (29,427 sq m, MAT 5-6 tower of 24 floors and MAT 7 tower of 29 floors). The project is developed and marketed under the BRG brand.
According to agency price lists updated in May 2026, prices start from about VND 74 million per sq m (including VAT and the 2% maintenance fee), which corresponds to roughly VND 3.3 - 4.5 billion for a 1-bedroom, VND 5.4 - 7.8 billion for a 2-bedroom and VND 9.5 - 12.6 billion for a 3-bedroom. These are indicative levels only and differ considerably between sources: the same agency published "from VND 3.3 billion for a 1-bedroom" (October 2025) and then "from VND 3.7 billion for a 1-bedroom" (April 2026), while some other sites quote lower figures. Actual prices vary by tower, floor and view, and by the policy applied in each launch phase; at the Victory Place launch event on 22 August 2026, the announced policy included early-payment discounts, loan support of up to 70% and 0% interest for an initial period. Please contact Happy Land for the official price list and the units still available in the latest phase.
Yes. Both the Capital Square 2 and Capital Square 3 subdivisions have been published on the list of projects in which foreign organisations and individuals are permitted to own housing. Because these are condominium apartments, the cap of a maximum 30% of the units in each building under the 2023 Law on Housing applies. The figure of about 512 units set aside for foreigners at Capital Square 3 comes only from agency sources and does not match the data in the official documents, so it should be treated as indicative only. Foreign individuals may own for a 50-year term and may apply for renewal under the regulations. Because the quota is counted separately for each building and changes constantly, buyers should ask the developer to confirm how many units remain within the quota before placing a deposit.
Capital Square Đà Nẵng is priced Original prices released through agencies start from about VND 74 million per sq m (including VAT and the 2% maintenance fee): 1-bedroom units about VND 3.3 - 4.5 billion, 2-bedroom about VND 5.4 - 7.8 billion and 3-bedroom about VND 9.5 - 12.6 billion per unit (indicative, updated May 2026). Quoted levels differ considerably between agency sources, so they should always be checked against the developer's official price list for each sales phase. (around Từ khoảng 74 triệu đồng/m² (đã gồm VAT và 2% phí bảo trì), phổ biến khoảng 74 – 90 triệu đồng/m² theo nguồn đại lý (tham khảo, cập nhật 5/2026)). Contact Happy Land for the detailed price list and current available units.
Capital Square Đà Nẵng is developed by Công ty TNHH Mega Assets (phân khu Capital Square 2) và Công ty TNHH Bất động sản SIH (phân khu Capital Square 3); dự án được phát triển và truyền thông dưới thương hiệu BRG, located in An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City. Project scale: Total scale of about 6.1 ha with 14 apartment towers. The Capital Square 2 subdivision (Mega Assets) has a land area of 31,960 sq m, comprising 7 apartment blocks of 26 - 28 floors plus one 7-floor commercial and office block, for a total of 1,681 apartments. The Capital Square 3 subdivision (SIH Real Estate) covers 29,427 sq m (about 2.94 ha), in which the MAT 5-6 tower rises 24 floors and the MAT 7 tower 29 floors; agency sources put the total at around 1,710 apartments (indicative). The figure of 61,368 sq m circulating on agency websites does not match the total area stated in the official documents (31,960 sq m + 29,427 sq m)..
Capital Square Đà Nẵng is currently selling now. Expected handover: According to agency announcements, the first towers are expected to be handed over from Q1 2027; towers launched later (Victory Place, MAT 7) will follow later - progress needs to be confirmed tower by tower (indicative). Contact Happy Land for the latest construction progress and available units.
Capital Square Đà Nẵng (Riverside luxury apartments) offers: 1 - 3 bedrooms. Contact Happy Land for floor plans and prices for each unit type.
Capital Square Đà Nẵng is located in An Hai Ward (formerly An Hai Bac Ward, Son Tra District), Da Nang City. Notable connections and amenities: Song Han Bridge - about 1 km, 3-5 minutes by car (indicative); Dragon Bridge - about 1.5 km, about 5 minutes by car (indicative); Da Nang City administrative centre - about 3 km, about 7 minutes by car (indicative); Han Market - about 1.5 km via Song Han Bridge (indicative).
As a condominium project, it is subject to the foreign ownership cap of a maximum 30% of the apartments in each building under the 2023 Law on Housing. Both the Capital Square 2 and Capital Square 3 subdivisions have been published by the Da Nang City authorities on the list of projects in which foreign organisations and individuals are permitted to own housing. The figure of about 512 units for Capital Square 3 appears only in agency sources and does not match the data given in the official documents, so it should be treated as indicative only. Foreign individuals own for a 50-year term and may apply for renewal under the regulations; Vietnamese buyers own on a long-term (indefinite) basis. The number of units still available within the foreign quota varies from tower to tower and must be confirmed by the developer at the time the sale and purchase agreement is signed. Happy Land helps check buyer eligibility, project documents and the specific unit before a transaction.
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